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Office supply giant Office Depot Inc. plans to close at least 400 stores in the U.S. following the purchase of rival OfficeMax last year. The Boca Raton, Fla., company said 150 locations are scheduled to close this year, with the rest closing by the end of 2016. The reduced footprint should save at least $75 million a year. "The overlapping retail footprint resulting from the merger provides us with a unique opportunity to consolidate and optimize our store portfolio," said Roland Smith, Office Depot chief executive, in a statement. He said improving the chain's store footprint was a critical priority for the year. The company, which currently operates about 2,000...

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Office supply giant Office Depot Inc. plans to close at least 400 stores in the U.S. following the purchase of rival OfficeMax last year.
The Boca Raton, Fla., company said 150 locations are scheduled to close this year, with the rest closing by the...

U.S. stocks fell broadly on Tuesday as investors found little to cheer in corporate earnings reports. A plunge in Twitter led Internet companies sharply lower. Twitter dropped 18 percent after company insiders were allowed to sell stock for the...

Google has teamed up with Wal-Mart and several other major retail partners to sell the company's Chromebook laptops at their stores.
The Mountain View, Calif., tech giant said Chromebook laptops will now be sold at more than 6,600 stores, or three...

Taylor Swift's style at the MTV Video Music Awards on Sunday was all retro glamour, with her hair pulled into loose curls and her lips and nails painted red. The look worked perfectly with her black Herve Leger by Max Azria gown. [The Cut]
PHOTOS:...

Fandango, the online movie-ticket company based in Los Angeles, said it has signed a deal to acquire Quantum Loyalty Solutions Inc., a leading provider of movie-ticket promotions.
Based in Incline Village, Nev., Quantum owns Hollywood Movie Money,...

SEATTLE -- When an intense storm pounded southwestern Washington in 2007, mud poured down from the mountainsides, logging debris choked streams and the Chehalis River flooded much of the region, causing $57 million in damage.
Almost immediately,...

The U.S. Federal Trade Commission on Friday gave approval to a proposed $1.2-billion merger of Office Depot Inc. and OfficeMax, concluding that the move won't harm competition.
The Trade Commission, which in 1997 blocked the merger of Office Depot Inc....

Here's a business practice likely to keep booming in 2014: corporate extortion.
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Google Inc. is wading into the morass of same-day delivery pilots and programs rapidly collecting in the Southland, competing with e-commerce giants such as Amazon.com Inc.
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SWEETWATER STATION, Wyo. — In the fading afternoon light, the barnyard is turning raucous: the chickens are clucking, peacocks are pacing and sheep are bawling, making the llama a bit nervous. The donkey just works his gums as though chawing on a plug...

Office supply giant Staples Inc. is planning to close as many as 225 North American stores while slashing annualized costs by up to $500 million by the end of 2015.
The Framingham, Mass., company, which has been pressured by online competitors such as...

A report that several private equity firms -- including original investor Bain Capital -- are considering buying Staples Inc. pushed the office supply chain’s stock up as much as 6.2% on Friday.Acquisition talks are still preliminary and any offer...

The stock prices of Office Depot Inc. and OfficeMax Inc. surged Tuesday on word that the companies are contemplating a merger to better compete against Staples Inc.
The two office-supply chains are reportedly in talks that could result in a deal this...

Activists rappelled down the face of the 15-story El Segundo headquarters of Mattel, the world’s largest toy company, on Tuesday and hung a giant banner of a frowning Ken doll look-alike with the message: “Barbie, it's over. I don’t date ...

Hewlett-Packard's tablet, the HP TouchPad, is hitting stores on July 1. The new tablet will run HP's WebOS operating system -- which was developed by Palm before that company was taken over by HP -- and will feature an iPad-matching 9.7-inch touchscreen. The

HP TouchPad Mania: The HP TouchPad is selling out online in the U.S. and Canada at $99.99. Hewlett Packard's HP TouchPad is finally enjoying a sales boom. All it took to move the previously slow-selling tablet was a $99 price point. The TouchPad's dramatic d

A fire ripped through an Office Depot in West Los Angeles, forcing an evacuation of weekend shoppers and causing an estimated $1.75 million in damages but no injuries, authorities said. The blaze began at about 5:25 p.m. Saturday at the ...